IKEA SWOT Analysis

Save

A SWOT (strengths, weaknesses, opportunities, threats) analysis allows a company to evaluate its operations from an internal and external point of view. The company examines strengths and weaknesses internally. A strength may be an excellent order management process, while a weakness may be poor communication among departments. Opportunities and threats are external. An opportunity could be the ability to partner with a nonprofit organization, and a threat could be government regulation of the use of raw materials. IKEA is a home furnishings manufacturer that has conducted a SWOT analysis of its business operations.

Strengths

  • IKEA has maintained long-term partnerships with its suppliers. This ensures that the company has access to high-quality materials at reasonable prices.

Weaknesses

  • IKEA is a global company, so product standards may be difficult to maintain.

Opportunities

  • IKEA can further capitalize on the "green" movement and IKEA's customers' desire to have less of an impact on the environment.

Threats

  • The regulatory environments across the globe vary and can affect how IKEA does business and its product costs, especially the use of natural resources.

Construction

  • A SWOT is a simple analysis tool to construct. It is a four-square box with strengths and weaknesses at the top and opportunities and threats at the bottom.

References

Promoted By Zergnet

Comments

Resources

You May Also Like

  • SWOT Analysis for Communication

    IKEA SWOT Analysis. A SWOT (strengths, weaknesses, opportunities, threats) analysis allows a company to evaluate its operations from an internal and external...

  • Examples of a SWOT Analysis

    A SWOT analysis is a method used in business planning. ... A SWOT analysis of the home furnishings chain IKEA was also...

  • SWOT Financial Analysis

    IKEA SWOT Analysis. A SWOT (strengths, weaknesses, opportunities, threats) analysis allows a company to evaluate its operations from an internal and external...

  • Microsoft SWOT Analysis

    You May Also Like. IKEA SWOT Analysis. A SWOT (strengths, weaknesses, opportunities, threats) analysis allows a company to evaluate its operations from...

  • Strengths & Weaknesses of SWOT

    IKEA SWOT Analysis; SWOT Weaknesses; Components of SWOT Analysis; How to Market Handmade Cards; What Is a Written Business Plan? ehow.com. About...

  • SWOT Analysis of Manufacturing Industry

    IKEA SWOT Analysis. A SWOT (strengths, weaknesses, ... SWOT analyses evaluate the strengths, weaknesses, opportunities and threats of a business operation.

  • How to Analyze Data From a SWOT Analysis

    IKEA SWOT Analysis. A SWOT (strengths, weaknesses, opportunities, threats) analysis allows a company to evaluate its operations from an internal and external...

  • SWOT Analysis for Building Development

    IKEA SWOT Analysis. A SWOT (strengths, weaknesses, opportunities, threats) analysis allows a company to evaluate its operations from an internal and external...

  • Nonprofit SWOT Analysis

    Other less noticeable weaknesses include being not so unique, a board that has little resource development experience, and an unclear mission. ......

  • Target Stores Threats in the SWOT Analysis

    Careful planning is a vital part of running any business. A SWOT analysis of Target Corporation provides important information management needs in...

  • Business Situation Analysis

    A business situation analysis enables a company to develop an effective strategy. Put together a business situation analysis with tips from a...

Related Searches

Read Article

23 Deliciously Easy Lunches to Bring to Work

M
Is DIY in your DNA? Become part of our maker community.
Submit Your Work!